House building, year to Q4 2018

There were 2,000 new dwellings completed in Buckinghamshire in the year to the end of 2018, representing 0.9 per cent of existing stock, the 9th highest house building rate of the 27 county councils, ranking 20th among England’s 38 Local Enterprise Partnerships (LEPs).

This was the highest four quarter total on record and well above the average over the last ten years (1,618).  There were also 390 new homes started in the last quarter of 2018, which was the lowest total of any quarter since Q2 2016, taking the total for 2018 to 1,950, 70 fewer than in 2017 but still the second highest since comparable records began in 2006.  At 0.9 per cent of stock, Buckinghamshire had 2018’s 9th highest rate of starting new dwellings.

Aylesbury Vale saw 1,250 new homes completed in 2018, just 10 fewer than the all-time high built in 2017.  At 1.6 per cent of stock, Aylesbury Vale’s house building rate was more than double the national level to rank 42nd among the 326 local authorities in England, while the 1,310 starts represented 1.7 per cent of stock to rank 17th.  South Bucks also bettered the national rate of house building for completions at 0.8 per cent of stock to rank 128th, but no other Buckinghamshire district started homes at a rate above the 0.7 per cent recorded across England.

In 2018, 62.5 per cent of Buckinghamshire’s new build housing growth was delivered in Aylesbury Vale, the lowest share since 2013.  South Bucks’ share rose to 12.0 per cent, the highest since 2006, while Chiltern and Wycombe accounted for 7.0 and 18.0 per cent respectively.

Table 1: Dwellings completed and started in the year to Q4 2018

Source: MHCLG, 2019 (live tables 100 & 253a)

At the national level, completions rose 1.0 per cent compared to the previous year, reaching 164,870, the highest four quarter total since Q2 2008.  The 47,740 new homes completed in Q4 was the highest of any quarter since Q1 2008.  If national house building matched Buckinghamshire’s rate, 217,747 new homes would have been built in the last year, rising to 379,677 if England had matched Aylesbury Vale’s rate.

The raw data are available here >

Table 2: Dwellings completed in years ending Q4 over time

Source: MHCLG, 2019 (live tables 100 and 253a)

Table 3: Dwellings started in year ending Q4 over time

Source: MHCLG, 2019 (live tables 100 and 253a)

Table 4: Dwellings completed and started by LEP in year to Q4 2018

Source: MHCLG, 2019 (live tables 100 and 255a)